System Trading

Mastering Pure Price Action: The Ultimate EA for MetaTrader 4
MetaTrader4
Mastering Pure Price Action: The Ultimate EA for MetaTrader 4

If you're looking to elevate your trading game, the Pure Price Action EA is a solid choice. This expert advisor utilizes a straightforward 'Price Action' strategy, making it a reliable partner for trading major forex pairs and NASDAQ stocks on the 1-hour timeframe. Plus, it comes equipped with features like Trailing Stop Loss and Take Profit to help you manage your trades effectively. Here’s what you need to know: Push Notifications: This EA sends push notifications directly to your mobile terminal, provided you’ve added your MetaQuotes ID in the 'Notifications' tab. Start with a Demo: It’s always a good idea to test it out on a demo account before diving in. Open Candle Trading: This EA trades only based on the price of the open candle, ensuring a disciplined approach. Control Lot Size: If you prefer not to increase your lot size after a losing trade, simply set "IncreaseFactor=0". Input Parameters Use_TP_In_Money: Toggle Take Profit in money (true/false). TP_In_Money: Set Take Profit in money (values: 10-100). Use_TP_In_Percent: Toggle Take Profit in percentage (true/false). TP_In_Percent: Set Take Profit in percentage (values: 10-100). Enable_Trailing: Activate trailing with money (true/false). Trailing Stop: Use a trailing stop to secure profits (values: 25-200). Stop Loss: Set your stop loss in money (values: 1-20). Exit Strategy: Automatically close trades if the trend reverses to manage drawdown (true/false). Lots: Specify lot size (values: 0.01-1). IncreaseFactor: Determine how much to increase lot size after a loss (values: 0.001-0.1). MagicNumber: Assign a unique identifier for your trades (values: 1-100000). FastMA: Set your fast moving average (values: 1-20). SlowMA: Set your slow moving average (values: 50-200). Mom_Sell: Momentum sell trigger (values: 0.1-0.9). Mom_Buy: Momentum buy trigger (values: 0.1-0.9). Max_Trades: Define the maximum number of trades (1-12). TrailingStop: Set a value from 40 to 100 to activate trailing stop loss; a value of "0" disables it. Enable Break Even: Option to activate break-even (true/false). Break Even Movement: Specify how many pips to move to break even (values: 5-30). Keep in mind that optimizing this EA every few months is crucial for maintaining its performance. You can use it as a hedging grid EA or stick to single trades based on your strategy. For backtesting guidance, check out this link.

2019.01.24
Unlocking The Predator EA: Your Ultimate Trading Companion for MetaTrader 4
MetaTrader4
Unlocking The Predator EA: Your Ultimate Trading Companion for MetaTrader 4

If you're on the hunt for a robust trading solution, look no further than The Predator EA. This expert advisor is designed to operate on MetaTrader 4 and employs two dynamic trading strategies. With features like Trailing Stop Loss and Take Profit, it’s versatile enough to work across all time frames, making it perfect for major forex pairs and NASDAQ stocks. Before diving in, let’s break down what makes The Predator EA tick: Trade Volume: Adjusts based on previous trading results, giving you a tailored approach to your trading. Risk Management: You can cap your maximum risk (expressed as a percentage of your deposit) for each trade. If you prefer a fixed lot size—say, 0.01 lots—set MaximumRisk = 0 and DecreaseFactor = 0. Otherwise, it will calculate the position size based on your deposit percentage and Maximum Risk. Demo First: Always test on a demo account before going live! This EA executes trades based solely on the open candle’s price. Key Inputs: Use_TP_In_Money: Enable Take Profit in money (values: true/false). TP_In_Money: Set your Take Profit in money (values: 10-100). Use_TP_In_percent: Enable Take Profit in percentage (values: true/false). TP_In_Percent: Set your Take Profit in percentage (values: 10-100). --------------------------------- Enable_Trailing: Turn on trailing with money (values: true/false). Take Profit In Money: Set in current currency (values: 25-200). Stop Loss In Money: Set in current currency (values: 1-20). --------------------------------- Exit: Close trades if the trend turns against you to manage drawdown (values: true/false). Strategy: Choose between two strategies (Strategy1, Strategy2). Lots: Set your lot size (values: 0.01-10). MaximumRisk: Set your maximum risk from total margin in % (values: 0.01 - 0.3). If MaximumRisk = 0, then the lot size remains constant. DecreaseFactor: Decrease your total margin if you hit a losing trade. Stop_Loss: Set your stop loss (values: 10-100). TakeProfit: Set your take profit (values: 10-100). FastMA: Set the fast moving average (values: 1-20). SlowMA: Set the slow moving average (values: 50-200). Distance: Distance between the two averages (values: 10-60). Mom_Sell: Momentum sell trigger (values: 0.1-0.9). Mom_Buy: Momentum buy trigger (values: 0.1-0.9). Max_Trades: Set the maximum number of trades (1-12). --------------------------- For Single Trade Users: TrailingStop: Set a value from 40 to 100 to activate trailing stop loss & take profit; set to 0 to deactivate. Enable "Break Even": (values: true/false). When move "Break Even": (values: 5-30). How much pips move "Break Even": (values: 5-30). Remember to optimize this EA every few months using the settings mentioned above. You can also utilize it as a hedging grid EA or a single trade EA. Want to learn how to backtest? Check out this backtesting guide.

2019.01.18
Mastering the Entry Hour: Stochastic Trading Strategies for MetaTrader 4
MetaTrader4
Mastering the Entry Hour: Stochastic Trading Strategies for MetaTrader 4

Hey traders! Today, I want to dive into a powerful trading strategy that can give you an edge in the markets: the Entry Hour Stochastic Trader for MetaTrader 4. If you're looking to harness the potential of the stochastic oscillator, you're in the right place!Why the Stochastic Oscillator?The stochastic oscillator is a fantastic tool for identifying potential reversals in the market. It measures the momentum of price movements, helping you pinpoint overbought and oversold conditions. This can be a game-changer, especially if you're trading during high-volatility hours.How to Use the Entry Hour Stochastic TraderSet Your Time Frame: Focus on the most active trading hours. For many, this is the overlap between the London and New York sessions.Configure Your Stochastic Settings: A common setting is %K at 14 and %D at 3. Adjust these based on your trading style!Look for Signals: When the stochastic crosses above 80, it's often a sign that the market is overbought; below 20 indicates it’s oversold. Use these signals to time your entries and exits.Backtesting Your StrategyBefore diving in with real cash, make sure to backtest your strategy using historical data. The results you see, like in the image above for EUR/USD from January 2010 to December 2018, can help you gauge how well your strategy might perform in different market conditions.So, there you have it! The Entry Hour Stochastic Trader is a straightforward yet effective strategy that can enhance your trading game. Remember, it’s all about finding the right balance and adapting it to your unique style. Happy trading!

2019.01.12
Mastering Auto Adjusting EA for MetaTrader 4: Trading Made Easy
MetaTrader4
Mastering Auto Adjusting EA for MetaTrader 4: Trading Made Easy

Are you looking to level up your trading game? Let me introduce you to the Auto Adjusting Expert Advisor (EA) for MetaTrader 4. This handy tool utilizes three moving averages (MAs) and candlestick patterns to manage your trailing stop loss and take profit effectively. It’s primarily designed for the 4-hour time frame, making it ideal for trading major forex pairs and NASDAQ stocks. Here’s a quick rundown of what makes this EA stand out: This EA trades solely based on the price of the open candle! Input Settings Use_TP_In_Money: Enables Take Profit in monetary value (values: true/false). TP_In_Money: Set your Take Profit in money (values: 10-100). Use_TP_In_Percent: Enables Take Profit in percentage (values: true/false). TP_In_Percent: Set your Take Profit in percentage (values: 10-100). ------------[Money Trailing Stop For Multiple Trades]---------------------- Enable_Trailing: Turn on trailing with monetary value (values: true/false). Take Profit In Money: Define in current currency (values: 25-100). Stop Loss In Money: Define in current currency (values: 1-20). ----------------------------------------------------------------------------------- PADAMOUNT: Pips beyond candle to stop (values: 10-50). RISKPRESENT: Risk percentage (values: 0.1-1). REWARD_RATIO: Reward Ratio (values: 2-4). CANDELSBACK: Number of candles for min/max (values: 1-50). Mom_Sell: Momentum Sell trigger (values: 0.1-0.9). Mom_Buy: Momentum Buy trigger (values: 0.1-0.9). MagicNumber: Assign a magic number (values: 1-100000). How to Perform a Backtest Ready to see how this EA performs? You can easily backtest it by following this link.

2019.01.11
Mastering the Candle Trailing Stop: Your Go-To Expert Advisor for MetaTrader 4
MetaTrader4
Mastering the Candle Trailing Stop: Your Go-To Expert Advisor for MetaTrader 4

If you're looking to enhance your trading game, the Candle Trailing Stop Expert Advisor (EA) could be your new best friend. This EA utilizes three moving averages and employs candles for trailing stop loss and take profit, making it particularly effective on the 4-hour time frames of major forex pairs and NASDAQ stocks. Before diving in, here are a few tips to get you started: Test it on a demo account first! This EA only trades based on the opening price of each candle. If you prefer not to increase your lot size after a losing trade, set IncreaseFactor=0. Input Settings Use_TP_In_Money: Enable Take Profit in Money (values: true/false). TP_In_Money: Take Profit in Money (values: 10-100). Use_TP_In_percent: Enable Take Profit in Percent (values: true/false). TP_In_Percent: Take Profit in Percent (values: 10-100). Enable_Trailing: Activate trailing stop with money (values: true/false). Take Profit In Money: Set your take profit amount (values: 25-200). Stop Loss In Money: Set your stop loss amount (values: 1-20). Exit: Close trades if the trend goes against you to manage drawdown (values: true/false). Tick: Choose between every tick or open prices (values: true/false). Lots: Set lot size (values: 0.01-1). Lots size Exponent: Adjust lot size based on margin (values: 1.01-2). IncreaseFactor: Specify how much to increase lots after a losing trade (values: 0.001-0.1). Stop_Loss: Define your stop loss value (values: 30-500; set to 600 for multiple trades). MagicNumber: Assign a unique magic number (values: 1-100000). TakeProfit: Set your take profit (values: 50-200; set to 600 for multiple trades). FastMA: Define the fast moving average (values: 1-20). SlowMA: Define the slow moving average (values: 50-200). Mom_Sell: Set momentum sell trigger (values: 0.1-0.9). Mom_Buy: Set momentum buy trigger (values: 0.1-0.9). UseEquityStop: Enable equity stop (values: true). TotalEquityRisk: Set your total equity risk (values: 0.01-20). Max_Trades: Define max trades (values: 1-12). FractalNum: Set the number of highs and lows (values: 1-10). USETRAILINGSTOP: If you want to use a trailing stop (values: true/false). WHENTOTRAIL: Define when to start trailing (values: 40-100). TRAILAMOUNT: Set the trail amount (values: 40-100). Distance From Candle: Specify distance from the candle (values: 1-100). USEMOVETOBREAKEVEN: Enable break-even (values: true/false). WHENTOMOVETOBE: Define when to move to break-even (values: 1-30). PIPSTOMOVESL: Specify how many pips to move stop loss (values: 1-30). Remember, it's crucial to optimize this EA every few months using the same input settings mentioned above. You can use it as a hedging grid EA or for single trades. For those interested in backtesting, check out this link for a comprehensive guide: How to Perform a Backtest.

2019.01.08
Unlock Your Trading Potential with MACD Power: Your Ultimate MetaTrader 4 Expert Advisor
MetaTrader4
Unlock Your Trading Potential with MACD Power: Your Ultimate MetaTrader 4 Expert Advisor

If you’re looking to enhance your trading game, let me introduce you to MACD Power. This nifty Expert Advisor (EA) utilizes two MACD indicators and comes equipped with a virtual Stop Loss and Take Profit feature. It operates seamlessly on 4-hour and daily time frames, making it a solid choice for major forex pairs and NASDAQ stocks. Plus, it performs admirably even on a 1-hour time frame! Before diving in, here are some tips: Always test it out on a demo account first. This EA only executes trades based on the opening price of the candle! If you prefer not to increase the lot size after a losing trade, simply set IncreaseFactor=0. Key Inputs to Consider: Use_TP_In_Money: Activate Take Profit in monetary terms (true/false). TP_In_Money: Set your Take Profit in money (values: 10-100). Use_TP_In_Percent: Activate Take Profit in percentage (true/false). TP_In_Percent: Set your Take Profit in percentage (values: 10-100). ------------[Money Trailing Stop For Multiple Trades]---------------------- Enable_Trailing: Activate trailing stop with monetary values (true/false). Take Profit In Money: (values: 25-100). Stop Loss In Money: (values: 1-20). ------------------------------------------------------------------------------------ Exit: Close trades if the trend goes against you to manage drawdown (true/false). Lots: Define lot size (values: 0.01-10). Lots Size Exponent: (values: 1.01-2). IncreaseFactor: Specify how much to increase lots after a losing trade (values: 0.001-0.1). Stop_Loss: Set your Stop Loss (values: 30-500). Use 600 for multiple trades. MagicNumber: Define your magic number (values: 1-100000). TakeProfit: Set your Take Profit (values: 50-200). Use 600 for multiple trades. FastMA: Define the Fast Moving Average (values: 1-20). SlowMA: Define the Slow Moving Average (values: 50-200). Mom_Sell: Set the momentum sell trigger (values: 0.1-0.9). Mom_Buy: Set the momentum buy trigger (values: 0.1-0.9). ---------------------CONTROL DRAW DOWN----------------------------- UseEquityStop: (true/false). TotalEquityRisk: (values: 0.01-20). ----------------------------------------------------------------------------- Max_Trades: (1-12). If you’re using only 1 trade: ////////////////////////////////////////////////// USETRAILINGSTOP: Activate trailing stop (true/false). WHENTOTRAIL: Specify when to trail (values: 40-100). TRAILAMOUNT: Define your trail amount (values: 40-100). Distance From Candle: Set the distance from candle (values: 1-100). USECANDELTRAIL: Activate candle trailing stop (true/false). X: Number of candles (values: 1-100). Enable "Break Even": (true/false). When move "Break Even": (values: 5-30). How much pips move- "Break Even": (values: 5-30). It’s a good idea to optimize this EA every few months, ensuring you use the same inputs mentioned above. You can utilize it as a hedging grid EA or as a single trade EA, depending on your strategy. Want to perform a back test? Check out this link: Back Test Guide.

2019.01.07
Unlock the Power of Hedging with the Hedg System EA for MetaTrader 4
MetaTrader4
Unlock the Power of Hedging with the Hedg System EA for MetaTrader 4

Hey there, fellow traders! If you’re looking to elevate your trading strategy, let me introduce you to the Hedg System Expert Advisor (EA). This nifty tool employs a hedging strategy, allowing you to execute both buy and sell trades simultaneously. It shines on the 1D time frames with major forex pairs. There are two versions of this EA you might want to check out: Version 2: Random Hedg – This version comes equipped with a trailing stop loss and break-even functions. Be sure to test it on a demo account first before diving in! Remember, this EA operates based solely on the price of the open candle. Input Settings Use_TP_In_Money - Activate Take Profit in money (true/false). TP_In_Money - Set Take Profit in money (values between 10-100). Use_TP_In_Percent - Activate Take Profit in percent (true/false). TP_In_Percent - Set Take Profit in percent (values between 10-100). ------------[Money Trailing Stop for Multiple Trades]---------------------- Enable_Trailing - Enable trailing with money (true/false). Take Profit In Money (current currency) (values between 25-200). Stop Loss In Money (current currency) (values between 1-20). -------------------------------------------------------------------------------------- Lots - Specify lot size (values between 0.01-10). MaximumRisk - Set maximum risk from total margin in % (values between 0.01 - 0.3). If "MaximumRisk = 0," then "Lot = constant". DecreaseFactor - Set decrease from total margin if you lose a trade. Stop_Loss - Set stop loss (values between 10-100). MagicNumber - Assign a magic number (values between 1-100000). TakeProfit - Set take profit (values between 10-100). Don’t forget to optimize this EA every few months, using the same inputs mentioned above. You can use it as a hedging grid EA or as a single trade EA. Curious about how to perform a backtest? Check out this link for a step-by-step guide: Backtest Guide.

2019.01.04
Unlocking Profits: The Heikin Ashi Trader EA for MetaTrader 4
MetaTrader4
Unlocking Profits: The Heikin Ashi Trader EA for MetaTrader 4

The Heikin Ashi Trader Expert Advisor (EA) utilizes a strategy centered around the Heikin Ashi indicator to enhance your trading experience. This EA is designed to work seamlessly on 1D time frames for major forex pairs and NASDAQ stocks, incorporating both a Trailing Stop Loss and Take Profit feature. Getting Started Always test it on a demo account first! This EA makes trades solely based on the opening price of the candle! If you prefer not to increase the lot size after a losing trade, simply set IncreaseFactor=0. Input Settings Overview Use_TP_In_Money: Use Take Profit in monetary terms (values: true/false). TP_In_Money: Take Profit in money (values: 10-100). Use_TP_In_percent: Use Take Profit in percentage (values: true/false). TP_In_Percent: Take Profit in percentage (values: 10-100). Enable_Trailing: Activate trailing with monetary adjustments (values: true/false). Take Profit In Money: Set in current currency (values: 25-200). Stop Loss In Money: Set in current currency (values: 1-20). Exit: Close trades if the trend reverses to control drawdown (values: true/false). Lots: Lot size (values: 0.01-1). Lots size Exponent: (values: 1.01-2). IncreaseFactor: Amount to increase lots from total margin after a losing trade (values: 0.001-0.1). Stop_Loss: Stop Loss (values: 30-500). / Set value 600 for multiple trades. MagicNumber: Unique identifier for trades (values: 1-100000). TakeProfit: Take Profit (values: 50-200). / Set value 600 for multiple trades. FastMA: Fast Moving Average (values: 1-20). SlowMA: Slow Moving Average (values: 50-200). Mom_Sell: Momentum Sell trigger (values: 0.1-0.9). Mom_Buy: Momentum Buy trigger (values: 0.1-0.9). UseEquityStop: Stop trading based on equity (values: true/false). TotalEquityRisk: Equity risk (values: 0.01-20). Max_Trades: Maximum trades allowed (values: 1-5). STOC1, STOC2, STOC3: Stochastic indicators (values: 5-20, 3-10, 3-10 respectively). TrailingStop: Set a value from 40 to 100 to activate trailing stop loss; set to "0" to disable. Enable Break Even: (values: true/false). When move Break Even: (values: 5-30). How much pips move Break Even: (values: 5-30). Pro Tip: It’s a good idea to optimize this EA every few months using the same parameters mentioned above. You can use it as a hedging grid EA or a single trade EA. Curious about backtesting? Check out this guide: Backtesting Guide.

2019.01.01
Mastering Trading with Fractals and Alligator: Your Go-To EA for MetaTrader 4
MetaTrader4
Mastering Trading with Fractals and Alligator: Your Go-To EA for MetaTrader 4

Are you looking to elevate your trading game? The Fractals & Alligator Expert Advisor (EA) is designed to trade using the powerful Fractals and Alligator indicators. With features like Trailing Stop Loss and Take Profit, this EA shines particularly on daily time frames for major forex pairs and NASDAQ stocks. Key Points to Remember: Always start by testing on a demo account first. This EA operates solely based on the price of the open candle! If you prefer not to increase lot sizes after a losing trade, set IncreaseFactor=0. Configuration Inputs: Use_TP_In_Money: Enable Take Profit in monetary terms (values: true/false). TP_In_Money: Set Take Profit in money (values: 10-100). Use_TP_In_percent: Enable Take Profit in percentage (values: true/false). TP_In_Percent: Set Take Profit in percentage (values: 10-100). ------------[Money Trailing Stop For Multiple Trades]---------------------- Enable_Trailing: Activate Trailing Stop in monetary terms (values: true/false). Take Profit In Money: Specify in current currency (values: 25-200). Stop Loss In Money: Set in current currency (values: 1-20). -------------------------------------------------------------------------------------- Exit: Close trades if the trend turns against you to manage drawdown (values: true/false). Lots: Define lot size (values: 0.01-1). Lots size Exponent: Set the exponent for lot size (values: 1.01-2). IncreaseFactor: Determine how much to increase lots from total margin after a loss (values: 0.001-0.1). CandlesToRetrace: Specify the number of candles for divergence (values: 10-100). Stop_Loss: Set Stop Loss (values: 30-500). Use 600 for multiple trades. MagicNumber: Define a unique magic number (values: 1-100000). TakeProfit: Specify Take Profit (values: 50-200). Use 600 for multiple trades. FastMA: Set Fast Moving Average (values: 1-20). SlowMA: Set Slow Moving Average (values: 50-200). Mom_Sell: Define the Momentum Sell trigger (values: 0.1-0.9). Mom_Buy: Define the Momentum Buy trigger (values: 0.1-0.9). ---------------------CONTROL DRAW DOWN----------------------------- UseEquityStop: (values: true). TotalEquityRisk: (values: 0.01-20). ------------------------------------------------------------------------------- Max_Trades: Set the maximum number of trades (1-12). FractalNum: Specify the number of highs and lows (values: 1-10). ----------------IF YOU USE ONLY 1 TRADE:----------------------- ///////////////////////////////////////////////////////////////////// USETRAILINGSTOP: Enable trailing stop (values: true/false). WHENTOTRAIL: When to begin trailing (values: 40-100). TRAILAMOUNT: Specify the trail amount (values: 40-100). Distance From Candle: Define distance from candle (values: 1-100). USECANDELTRAIL: Enable candle trailing stop (values: true/false). X: Number of candles (values: 1-100). USEMOVETOBREAKEVEN: Enable "break even" (values: true/false). WHENTOMOVETOBE: When to move to break even (values: 1-30). PIPSTOMOVESL: Specify how many pips to move stop loss (values: 1-30). - Make sure to optimize this EA every few months using the exact inputs listed above.- You can use it as a hedging grid EA or a single trade EA.- For backtesting, check out this guide: Backtesting Guide

2019.01.01
Master Your Trades with Buy Sell Stop Buttons for MetaTrader 4
MetaTrader4
Master Your Trades with Buy Sell Stop Buttons for MetaTrader 4

If you’re looking for a way to streamline your trading process, the Buy Sell Stop Buttons Expert Advisor (EA) is here to help. This handy tool sets up three buttons for manual trading, making it easier than ever to manage your trades. Plus, it allows you to predefine your trailing stop loss and take profit levels, so you can focus more on your strategy and less on the mechanics. Be sure to test it out on a demo account first! The USEMOVETOBREAKEVEN feature works like a stop loss but is designed to lock in minimal profit and help you avoid losses if the market moves against you. This one-time function has a smaller value than your standard Stop Loss value. Once your trade reaches a certain number of pips in your favor, you can activate the WHENTOMOVETOBE option—this lets you decide when to move your break even to lock in those profits. You can choose how many pips to move the stop loss above the price line of your open trade with the PIPSTOMOVESL setting. Inputs Use_TP_In_Money - Use Take Profit in Money (values: true/false). TP_In_Money - Take Profit in Money (values: 10-100). Use_TP_In_percent - Use Take Profit in Percent (values: true/false). TP_In_Percent - Take Profit in Percent (values: 10-100). ------------[Money Trailing Stop For Multiple Trades]------------------------------------------------ Enable_Trailing - Enable Trailing with money (values: true/false). Take Profit in Money (in current currency) (values: 25-200). Stop Loss in Money (in current currency) (values: 1-20). -------------------------------------------------------------------------------------- USEMOVETOBREAKEVEN - Enable "no loss" break even system (values: 0-1). USESTOP - Enable automatic "STOP" function (values: 0-1). WHENTOMOVETOBE - When to move break even (values: 10-100). PIPSTOMOVESL - How many pips to move stop loss (values: 10-100). Lots - Lot size (values: 0.01-10). MaximumRisk - Maximum risk from total margin in % (values: 0.01 - 0.3). If "MaximumRisk =0" then "Lot=constant" DecreaseFactor - Decrease from total margin if you lose a trade. TrailingStop - Set a value from 10 to 100 to activate trailing stop loss & take profit; "0" will not activate trailing stop loss. Stop_Loss - Stop Loss (values: 10-100). MagicNumber - Magic number (values: 1-100000). TakeProfit - Take Profit (values: 10-100). NumberOfTrades - Number of Trades (values: 1-10).

2018.12.24
Mastering the Harami Pattern in MetaTrader 4: Your Go-To Trading EA
MetaTrader4
Mastering the Harami Pattern in MetaTrader 4: Your Go-To Trading EA

Hey there, fellow traders! Today, let's dive into the fascinating world of the Harami pattern and how you can leverage it using an Expert Advisor (EA) in MetaTrader 4. This strategy utilizes two Moving Averages and incorporates a Trailing Stop Loss along with Take Profit settings, making it perfect for trading major forex pairs and stocks on the 4-hour (4H) and daily (1D) timeframes. Getting Started with the Harami EA Test it Out on Demo First: Always try your strategies on a demo account before going live. Open Candle Trading: This EA only trades based on the opening price of the candle! Control Your Lot Sizes: If you prefer not to increase your lot size after a losing trade, set IncreaseFactor=0. Key Inputs for Your EA Use_TP_In_Money: Enable Take Profit in monetary values (true/false). TP_In_Money: Set your Take Profit in money (values: 10-100). Use_TP_In_percent: Enable Take Profit in percent (true/false). TP_In_Percent: Set your Take Profit in percent (values: 10-100). ------------Money Trailing Stop for Multiple Trades------------ Enable_Trailing: Turn on trailing with monetary values (true/false). Take Profit In Money: Set this value in your current currency (values: 25-200). Stop Loss In Money: Define your Stop Loss in current currency (values: 1-20). -------------------------------------------------- Exit: Close trades if the trend goes against you to manage drawdown (true/false). Lots: Define your lot size (values: 0.01-1). Lots Size Exponent: Manage your lot size exponent (values: 1.01-2). IncreaseFactor: This controls how much to increase lots from total margin if you lose a trade (values: 0.001-0.1). Stop_Loss: Set your Stop Loss (values: 30-500). Use 600 for multiple trades. MagicNumber: Assign a magic number (values: 1-100000). TakeProfit: Set your Take Profit (values: 50-200). Use 600 for multiple trades. FastMA: Choose your Fast Moving Average (values: 1-20). SlowMA: Set your Slow Moving Average (values: 50-200). Mom_Sell: Define your Sell momentum trigger (values: 0.1-0.9). Mom_Buy: Define your Buy momentum trigger (values: 0.1-0.9). ---------------------Control Drawdown--------------------- UseEquityStop: Enable equity stop (true/false). TotalEquityRisk: Define risk in equity (values: 0.01-20). ------------------------------------------------------------------------------- Max_Trades: Set the maximum number of trades (1-12). ----------------Using Only One Trade:----------------------- ///////////////////////////////////////////////////////////////////// USETRAILINGSTOP: Enable trailing stop (true/false). WHENTOTRAIL: Set when to start trailing (values: 40-100). TRAILAMOUNT: Define the amount to trail (values: 40-100). Distance From Candle: Set the distance from the candle (values: 1-100). USECANDELTRAIL: Enable candle trailing (true/false). X: Number of candles (values: 1-100). USEMOVETOBREAKEVEN: Enable break-even (true/false). WHENTOMOVETOBE: Set when to move to break-even (values: 1-30). PIPSTOMOVESL: Set how many pips to move stop loss (values: 1-30). It's essential to optimize this EA every few months using the exact inputs mentioned above. You can utilize it as a hedging grid EA or as a single trade EA. Interested in backtesting? Check out this backtesting guide for more insights!

2018.12.24
Harness the Power of Trends with This MetaTrader 4 Expert Advisor
MetaTrader4
Harness the Power of Trends with This MetaTrader 4 Expert Advisor

Hey fellow traders! If you've ever heard the saying, "Trend is your friend," you'll definitely want to check out this Expert Advisor (EA) designed for MetaTrader 4. This EA employs two Moving Averages and an Engulfing pattern to help you ride the market waves. It’s got features like Trailing Stop Loss and Take Profit, and it works seamlessly across all time frames, especially with major forex pairs and NASDAQ stocks. Trust me, it shines in the 1-hour time frame! Key Features Always start with a demo account first! This EA only trades based on the price of the open candle! If you prefer not to increase your lot size after a losing trade, just set: IncreaseFactor=0 Input Settings Use_TP_In_Money - Enable Take Profit in monetary value (true/false). TP_In_Money - Set Take Profit in monetary value (values: 10-100). Use_TP_In_Percent - Use Take Profit in percentage (true/false). TP_In_Percent - Set Take Profit in percentage (values: 10-100). -------------[Money Trailing Stop For Multiple Trades]---------------------- Enable_Trailing - Enable Trailing with money (true/false). Take Profit In Money - Set Take Profit in the current currency (values: 25-200). Stop Loss In Money - Set Stop Loss in the current currency (values: 1-20). ------------------------------------------------------------------------------------ BarsToCount - Count of bars used (values: 5-20). Exit - Close trades if the trend goes against you to control drawdown (true/false). Lots - Set lot size (values: 0.01-1). Lots size Exponent - Control how much to increase lots if you lose a trade (values: 1.01-2). IncreaseFactor - Amount to increase lots from total margin after a loss (values: 0.001-0.1). Stop_Loss - Set Stop Loss range (values: 30-500). / Set value 600 for multiple trades. MagicNumber - Assign a unique magic number (values: 1-100000). TakeProfit - Set Take Profit (values: 50-200). / Set value 600 for multiple trades. FastMA - Specify Fast Moving Average (values: 1-20). SlowMA - Specify Slow Moving Average (values: 50-200). Mom_Sell - Momentum Sell trigger (values: 0.1-0.9). Mom_Buy - Momentum Buy trigger (values: 0.1-0.9). ---------------------CONTROL DRAW DOWN----------------------------- UseEquityStop - Enable equity stop (true/false). TotalEquityRisk - Set total equity risk (values: 0.01-20). ----------------------------------------------------------------------------- Max_Trades - Set maximum number of trades (1-12). IF YOU USE ONLY 1 TRADE: ////////////////////////////////////////////////// USETRAILINGSTOP - Enable trailing stop (true/false). WHENTOTRAIL - Specify when to start trailing (values: 40-100). TRAILAMOUNT - Set trail amount (values: 40-100). Distance From Candle - Set distance from the candle (values: 1-100). USECANDELTRAIL - Use candle trailing stop (true/false). X - Number of candles (values: 1-100). Enable "Break Even" - Activate break-even feature (true/false). When move "Break Even" - Specify when to move to break even (values: 5-30). How much pips move - "Break Even" - Specify pips to move to break even (values: 5-30). It's a good idea to optimize this EA every few months and use the exact same inputs as mentioned above. You can use it as a hedging grid EA or a single trade EA. For those of you looking to backtest, check out this guide: Backtesting Guide.

2018.12.19
Mastering the Market with the 1MA Expert Advisor for MetaTrader 4
MetaTrader4
Mastering the Market with the 1MA Expert Advisor for MetaTrader 4

Welcome, fellow traders! Today, let's dive into a powerful tool that can enhance your trading strategy: the 1MA Expert Advisor for MetaTrader 4. This EA utilizes a straightforward strategy based on a 20-period moving average, equipped with Trailing Stop Loss and Take Profit features that work seamlessly across all major forex pairs and time frames. Key Features of the 1MA EA Start with a Demo: Always test the EA on a demo account first to get a feel for its performance. Open Candle Trading: This EA trades only based on the price of the open candle, so keep that in mind. Lot Size Control: If you prefer not to increase your lot size after a losing trade, simply set IncreaseFactor=0. Input Settings to Optimize Your Trading Use_TP_In_Money: Enable Take Profit in monetary value (true/false). TP_In_Money: Set your Take Profit in money (values: 10-100). Use_TP_In_Percent: Enable Take Profit in percentage (true/false). TP_In_Percent: Set your Take Profit in percentage (values: 10-100). ------------Money Trailing Stop for Multiple Trades---------------------- Enable_Trailing: Enable trailing with monetary value (true/false). Take Profit In Money: Set this in your current currency (values: 25-300). Stop Loss In Money: Set your Stop Loss in your current currency (values: 1-20). ------------------------------------------------------------------------------------- tick: If set to false, trades on every tick; if true, trades on open prices (true/false). Exit: Close trades if the trend turns against you to manage drawdown (true/false). Lots: Set your lot size (values: 0.01-1). Lots Size Exponent: Define the exponent for your lot size (values: 1.01-2). IncreaseFactor: Specify how much to increase the lot size after a loss (values: 0.001-0.1). Stop_Loss: Set your Stop Loss (values: 30-500). / Set value 600 for Multiple Trades MagicNumber: Assign a magic number for your trades (values: 1-100000). TakeProfit: Set your Take Profit (values: 50-200). / Set value 600 for Multiple Trades FastMA: Define your fast moving average (values: 1-20). SlowMA: Define your slow moving average (values: 50-200). Mom_Sell: Set the momentum sell trigger (values: 0.1-0.9). Mom_Buy: Set the momentum buy trigger (values: 0.1-0.9). ---------------------Control Drawdown----------------------------- UseEquityStop: Enable equity stop (true/false). TotalEquityRisk: Set your total equity risk (values: 0.01-30). ------------------------------------------------------------------------------ Max_Trades: Set the maximum number of trades (1-12). If you use only 1 trade: ////////////////////////////////////////////////// USETRAILINGSTOP: Enable trailing stop (true/false). WHENTOTRAIL: Specify when to start trailing (values: 40-100). TRAILAMOUNT: Define the trail amount (values: 40-100). Distance From Candle: Set the distance from the candle (values: 1-100). USECANDELTRAIL: Enable candle trailing (true/false). X: Number of candles (values: 1-100). USEMOVETOBREAKEVEN: Enable break-even (true/false). WHENTOMOVETOBE: Specify when to move to break-even (values: 1-30). PIPSTOMOVESL: Set how many pips to move your stop loss (values: 1-30). Tips for Using the 1MA EA It's a good idea to optimize this EA every few months and stick with the same input settings mentioned above. You can use it as a hedging grid EA or as a single trade EA, depending on your strategy. Backtesting Your Strategy Interested in backtesting? Check out this guide for a step-by-step process.

2018.12.17
Mastering the Hedging Martingale Strategy for MetaTrader 4
MetaTrader4
Mastering the Hedging Martingale Strategy for MetaTrader 4

What is the Hedging Martingale Strategy? The Hedging Martingale is a popular strategy among traders, boasting five different versions. It simultaneously opens both buy and sell trades and employs the Martingale approach to manage trades effectively. How It Works If the market moves against your initial trade by a set number of pips, the system will open another trade in the same direction as the first. This cycle continues until a profit is realized. This strategy opens new trades only with the formation of a new candle, which minimizes the risk of multiple open trades, making it a safer option. The Hedging Martingale EA is versatile and can be applied to all currency pairs and timeframes. For optimal results, it’s best to use this strategy on a daily timeframe. Always start with a demo account to get the hang of it! Version Features Version 1: Comes with a trailing stop loss. Version 2: Features a unique method for calculating lot sizes. Version 3: Allows the use of an Equity Stop. Version 4: Provides options to add or multiply lot sizes. Version 5: Maintains both buy and sell orders simultaneously. Input Settings Use_TP_In_Money: Enable Take Profit in money (true/false). TP_In_Money: Take Profit in money (values: 10-100). Use_TP_In_percent: Enable Take Profit in percent (true/false). TP_In_Percent: Take Profit in percent (values: 10-100). Enable_Trailing: Activate trailing stop (true/false). Take Profit In Money: (values: 25-200). Stop Loss In Money: (values: 1-20). TakeProfit: TP value for each trade in this EA (values: 10-60). PipStep: Distance in pips for opening new trades (values: 10-50). Lots: Initial lot size, which will be duplicated at each step (values: 0.01-1). Multiply: Multiplier for each new trade step (values: 2-4). MaxTrade: Maximum number of trades that can be active (values: 2-10). CLOSEMAXORDERS: Close all orders if they exceed the maximum allowed. MagicNumber: Unique identifier for trades (values: 1-100000). TrailingStop: Set a value between 10 and 100 to activate the trailing stop loss; use "0" to disable it. It's important to optimize this EA every few months and use the same input settings listed above. For guidance on performing backtests, check out this link: Backtesting Guide

2018.12.17
Mastering the Accelerator EA for MetaTrader 4: A Trader's Guide
MetaTrader4
Mastering the Accelerator EA for MetaTrader 4: A Trader's Guide

The Accelerator EA is a powerful tool that trades using the Accelerator indicator, featuring a Trailing Stop Loss and Take Profit options. It works seamlessly across all time frames and is compatible with major forex pairs as well as NASDAQ stocks. Key Features of the Accelerator EA Always start with a demo account to test it out. This EA operates only on the price of the open candle! If you prefer not to increase lot sizes after losing a trade, set IncreaseFactor=0. Inputs Use_TP_In_Money: Use Take Profit in monetary value (true/false). TP_In_Money: Set Take Profit in money (values: £10-£100). Use_TP_In_percent: Use Take Profit in percentage (true/false). TP_In_Percent: Set Take Profit in percentage (values: 10-100). Enable_Trailing: Enable trailing stop with monetary value (true/false). Take Profit In Money: Set in current currency (values: £25-£200). Stop Loss In Money: Set in current currency (values: £1-£20). Exit: Close trades if the trend reverses to control drawdown (true/false). Lots: Lot size (values: 0.01-1). Lots size Exponent: (values: 1.01-2). IncreaseFactor: How much to increase lots after a loss (values: 0.001-0.1). Stop_Loss: Set Stop Loss (values: 30-500). For multiple trades, set to 600. MagicNumber: Magic number for the EA (values: 1-100000). TakeProfit: Set Take Profit (values: 50-200). For multiple trades, set to 600. FastMA: Fast Moving Average (values: 1-20). SlowMA: Slow Moving Average (values: 50-200). Mom_Sell: Momentum Sell trigger (values: 0.1-0.9). Mom_Buy: Momentum Buy trigger (values: 0.1-0.9). UseEquityStop: Equity stop feature (true/false). TotalEquityRisk: Risk percentage (values: 0.01-20). Max_Trades: Maximum number of trades (1-12). USETRAILINGSTOP: If you want to use a trailing stop (true/false). WHENTOTRAIL: When to start trailing (values: 40-100). TRAILAMOUNT: Amount to trail (values: 40-100). Distance From Candle: Set distance from the candle (values: 1-100). USEMOVETOBREAKEVEN: Enable break-even feature (true/false). WHENTOMOVETOBE: When to move to break-even (values: 1-30). PIPSTOMOVESL: How many pips to move stop loss (values: 1-30). Remember, it’s a good idea to optimize this EA every few months and use the same inputs mentioned above. You can use it as a hedging grid EA or as a single trade EA. If you’re curious about how to perform a backtest, check out this guide: Backtesting Guide.

2018.12.17
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